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中金:美聯儲降息節奏或在“快-慢-快”之間切換

2025-10-10 08:12:42

ChainCatcher 消息,据金十報導,中金研報稱,美聯儲降息周期可能分為"快-慢-快"三個階段:2025 年 Q4 為第一階段,降息節奏較快,或連續降息 3-4 次;2026 年上半年為第二階段,降息節奏放慢。隨著通脹持續上行,美聯儲可能需重新平衡增長下行與通脹上行風險,無法持續快速降息,可能通過停止"縮表"來安撫金融市場。下半年為第三階段,降息節奏再次加速。

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